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tv   Business  Deutsche Welle  January 17, 2020 12:30am-12:45am CET

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and this is climate change. happiness. this is the book for you. to get smarter. the devil is in the detail a day off in the united states and china finds but one of their trade deals the european union says it may violate world trade organization rules and we'll bring you the latest. coming up irony or chivalry i was on both jeff bezos pledges to invest billions to indian businesses the very kind many accuse his company of destroying. staving off trouble in paradise pristine beaches on the
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rich wildlife throw tourists from all over the world to the seychelles now there are told to keep visitor numbers down and. this new business i'm paid for it isn't welcome a day after the ceiling of the u.s. china trade deal the european union has cost dived over its legality the e.u.'s top trade official has pledged to investigate whether china's commitment to increased purchases of us goods by $200000000000.00 is w t o compatible the bloc says it will mind and legal challenge if it finds violations . there for more on this let's cross right over to financial correspondent jose luis to hire on wall street hi jose it's good to talk to you the ink on this deal is barely dry and they're ready its legality is being called into question what is the e.u. looking for when it comes through the fine text of this. well the key component of deal that could be subject to 2 contention as you point out will be
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due agreement from china to increase imports coming from the us at substantially in regard to if we assume the china does not increase the global import capacity to us china shopping list means that purchases from the us there will come the expense of other economies. several european ones so with exposure to the chinese market specially germany and france when we talk about products but let's not forget either that the shopping list also includes a significant increase you know greek culture all energy goods aside from service escape ok and if they find these violations what would happen next the w t o doesn't exactly have a very functioning to the attachment system right now it doesn't have a new it's. only any action taken to the wall trade organization will be just symbolic cause you pointed out as you mention there there is currently no trade dispute settlement in place what we will see for sure is an
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increase of course on trade tensions at a time where ministration will be turning all its attention to the e.u. in next week's in more now that the. chinese signed the u.s. embassy approved by the senate and a limited trade agreement with japan already mostly implemented the only major u.s. trade partner with a trade deal insight into europe there are plenty of tensions already so does any of the ones that will increase. among that washington brussels for short only mr howard thanks as ever for your insight. the u.s. senate has voted overwhelmingly in favor of a new trade agreement with canada and mexico the deal is an updated version of the former north american free trade agreement which predated the age of digital cameras and which u.s. president donald trump claims let a lot of american jobs mexico has already approved and. it's due to the same time more makers reconvene in ottawa later this month. as on boss jeff bezos
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has used his 3 day visit to india to a night a $1000000000.00 investment in digitizing small and medium businesses in the country but not everyone is seeing it as a gift india's competition commission is currently investigating the company for engaging in anti competitive practices and many small businesses accuse amazon of driving them to ruin. jeff bezos received a rock star's welcome from his employees in india as he told them exactly the sort of thing they want to hear this country has something special. and it's a democracy. with. this is going to be the indian century to india but the warm reception he received inside the amazon event in new delhi was not matched outside the main gate traditional indian street traders have been protesting the c.e.o.'s visit they say
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around a 100000 small businesses have gone bust because of internet retailers selling unfairly discounted products thank you i was in the main competitive flipkart of colonial practices. there are the 2nd version of the should be a good one quite boldly go pretty sure the president don't they're going to give their all. for jeff bezos trying to head off some of that criticism with his 1000000000 dollar announcement he says the investment will help indian businesses to digitize and spread their products worldwide we're going to use our global footprint to export outside of the new year to export $10000000000.00 us dollars of make an india goods. but that promise hasn't been enough to convince indian traders who wish amazon had never turned up in the 1st place most done by. european businesses are the e.u.
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to neville the playing field in china's belt and road initiative a survey by the e.u. chamber of commerce in china and european firms are facing every right he is barriers to participate in the project including a lack of transparency in the tendering process the initiative aims to establish a vast network of ports railways roads and industrial parks that low. a report by consulting firm mckinsey says businesses are urgently need to adapt to threats posed by climate change it says millions of lives and trillions of dollars in economic activity could be at risk if no action is taken the report also says that ocean warming could reduce. fish cost by almost 10 percent by 2050 affecting the life the hope of up to 800000000 people. germany's federal and state governments have agreed to phase out coal by 2038 the 1st coal fired power plant is scheduled to go offline this year with plans to shuffle the remaining facilities over the next 2 decades operators will receive around 4000000000 euros in
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compensation the states and regions affected by the shutdowns are also set to receive 40000000000 euros in structural aid. astray as leading tourism bodies says the bushfire crisis could cost the sector nearly $619000000.00 the fires have hit several coastal towns at the height of summer with images of burns time and evacuees and dead livestock keeping visitors the way the industry has called on the government to do more to help tourism kind for more than 3 percent of australia's g.d.p. . and to the seychelles now where authorities have been struggling to strike a balance between tourism unsustainability as africa smallest country its economy relies heavily on the sector but as environmental concerns grow the government is asking how much is too much. with pristine white sand beaches and abundant wildlife it's no wonder that the 115 islands of the
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seychelles are a draw for foreign tourists mostly from europe in fact 384000 people came to the islands in $21001.00 that's 4 times the country's population so the question at hand for officials now is how many visitors are too many visitors tourism in general is increasing and that is of concern to conservationists like myself the sustainable developers like myself who find that b.v. we are reaching a point which exports over tourism it's not just a matter of well intentioned leaders at about 450 square kilometers the seychelles is the smallest country in africa half of that area has protected status including to unesco world heritage sites officials say preserving the environment now it will make sure that the tourism industry stays strong. but this. does not really destroy. what we are. for us to do was to.
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trust those that are in the people feel very much. like you or you. deal with. the places efforts to achieve balance doesn't mean 2 or ism in the seychelles is going to come screeching to a stop any time soon officials know that the industry accounts for over a quarter of jobs on the islands the government says a survey on tourism and sustainability is set to begin soon. they moved to electric mobility is a huge challenge for the car industry on the one hand the decline of diesel engines could mean job cuts with fewer hands needed for a family but on the other new technologies also mean new opportunities. automotive supplier bosch has one of its biggest facilities in bamberg in southern germany 7000 employees assemble traditional combustion engine parts making things
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like nozzles for diesel fuel injection but the future is said to look more like this fuel cells a standalone energy supply systems for home use or smaller units to power cars and trucks shifting to new technology is meant to make the facility future proof of. this by building prototype parts of the new systems that we don't have a choice we have to tackle these issues. we need to be open to new technology. capable of getting behind us was 2 months before and. electric mobility and autonomy driving represent great challenges for the suppliers of the future factory shutdowns and job cuts loom over operations in bamberg and around the region the anxiety among the workers is palpable but bush's fuel cells
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could be its way to stay at the cutting edge and its workforce has high hopes the $7000.00 employees and bam burke have had to work less and give up some of their pay but their contracts are secure until 2026 they say they need financing from the state and a push from bamberg business community to be able to transform the region into a model for automotive supply. i'm not fit for me in the business team here in berlin you can get more on our website of ethiopia dot com the flash visits are also on social media to feel free to drop us a line on facebook or twitter for me if i can take care of.
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those soon. to be. discovered.
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subscribe to. documentary. wait a 2nd we want to host a show called facts instead of make ideas. shift deliver us. from the reality to cryptocurrency to your topic for live in an ever changing digital world let's start with the devise a sudden. shift. on t w. i think is everything churning 1st and i became a muslim. much different culture between here and there challenging for it's. true some of the so i think it was worth it for me to come to germany.
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sharpen my grammar larcenous to work as a swimming instructor. for an hour or 2 children nothing else just random stuff just to show. what's your story take part share it on info migrants dot. hello and welcome to arts and culture oberlin fashion week is in full swing and in times of climate crisis making a concerted effort to clean up one of the world's most polluting industries we'll find out more and take a look at these stories. a charismatic christian up off of his stony eye is the new woman wielding the baton and driving the action into out of boswell's production of could choose la boy. and we visit the house in pamplona which has earned
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itself the title thanks to its award winning and an imbalanced concrete design. 2007 berlin fashion week has taken place twice a year in january and july and over the years it's earned a reputation as a great place for young designers to earn their stripes but young designers are by definition tapping into the mentality and aesthetics of millennial than even gens which means that sustainability in the industry has grown radically in portland and that's where the neo new trade show plays a major role. sustainability can be pretty sure some of the environmentally friendly fashions on the runway ready.

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